Nio Day: What NIO Stock Investors Should Know

1. Rumors are flying around that one of the new vehicles to be released during $NIO Inc (NIO.US)$ Day is the ET5, a mid-sized sedan. The ET5 will reportedly compete with the $BAYER MOTOREN WERK (BMWYY.US)$ 3-series and the Audi A4 at a lower price (Audi is owned by $VOLKSWAGEN A G (VWAGY.US)$

2. The ET5 will likely be priced below the ET7, which has a base cost of around $69,000.

3. According to a research note from Deutsche Bank, the second mystery EV is expected to be similar to the $Trigon Metals Inc (TM.CA)$ Alphard, a luxury multi-purpose vehicle (MPV) that “sold 20,000 units in China last year.” Deutsche’s second guess is a high-performance sports coupe.

4. Nio recently filed a trademark registration for the name EF9, according to ElectricVehicleWeb. This has led many to speculate that the new vehicle will be a convertible version of the EP9.

5. CEO William Li confirmed that Nio plans on adding three new models to the Nio Technology Platform 2.0 in 2022. One of the models will be the new ET7 sedan. The other two are still unknown.

6. Fans of NIO stock are also waiting for an update on overseas delivery times and availability, especially in European countries. The company will likely answer this question at Nio Day.

7. Li confirmed during a Q2 conference call that Nio had assembled a team to work on a new vehicle brand. In regards to the possible new vehicle brand, Li commented, “The relationship between Nio and our new mass-market brand will be like that of Audi-Volkswagen and Lexus-Toyota.”